There was a massive influx of capital provided to digital health companies in 2021, but there's since been a contraction in the public market, with digital health funding decreasing.
Still, with the increased investments seen last year, companies' valuations rose and many gained unicorn status, a term given to privately held companies valued at a billion dollars or more.
But were companies...
This morning Elation Health, a primary care-focused EHR company, scored $40 million in Series C funding. Generation Investment Management led the round with participation from Threshold Ventures and Kapor Capital.
This grows on the company’s $15 million Series B found in 2016.
WHAT IT DOES
Led by siblings Kyna and Conan Fong, Elation’s business model involves working with primary care practices...
This morning Tia, a tech enabled women’s health company, closed its Series A round raking in $24.27 million in new capital. Threshold Venture’s Emily Melton led the round with participation from Define Ventures, ACME, Torch Capital, John Doerr, Homebrew and Compound.
WHAT THEY DO
Tia follows a hybrid model of care – it offers both brick-and-mortar services and virtual tools to patients. The New...
This morning Wellframe, a patient engagement and care management platform, scored $20 million in a Series C funding round. BlueCross BlueShield Venture Partners led the round with participation from Threshold Ventures, F-Prime Capital and Wellframe’s existing clients.
This funding news comes roughly two years after the company closed a $15 million Series B round.
In addition to the funding news...
Healthcare AI company Viz.ai announced that it landed a whopping $50 million in Series B funding this morning. This latest infusion of cash was led by Greenoaks, with participation from Threshold Ventures, CRV, GV and Kleiner Perkins.
The new funding comes a little over a year after the Israeli company raised $21 million from Kleiner Perkins and GV.
WHAT THEY DO
Viz.ai focuses on using AI to...
Aaron Patzer, the Mint.com founder who sold his company to Intuit for $170 million, is venturing into the healthcare space with Vital, a new company that launched out of stealth today with $5.2 million in funding and four hospital clients set to be announced in the coming weeks.
This is actually Patzer’s second healthcare company, in a way — he sold Fountain, a company focused on delivering...
